In a recent development, asset manager Bitwise has withdrawn its application to transform its existing Bitcoin futures ETF (Bitwise Bitcoin Strategy Optimum Roll ETF) to one that invests in both Bitcoin and Ethereum futures contracts. […]
Coinbase CEO Brian Armstrong staunchly opposes artificial intelligence (AI) regulation. In his perspective, regulating AI could stifle innovation. Armstrong attributes this sentiment to the historical success of the software and internet industries, which largely thrived […]
Blockchain analytical firm Arkham Intelligence revealed that Coinbase holds nearly 1 million units of Bitcoin. This means the exchange holds around 5% of all BTC, almost as much as Satoshi Nakamoto, the network founder. In […]
Arkham announced it identified nearly $25 billion in Bitcoin in crypto exchange Coinbase’s portfolio. The BTC holdings are approximately 948,000, closer to the 1 million BTC of Satoshi Nakamoto. Coinbase is thus the world’s largest […]
Bitcoin (BTC) has experienced little price movement this week and is up by only 0.25% in seven days, according to data from CoinMarketCap. Following the announcement on Wednesday that federal interest rates will remain at their […]
In recent weeks, Ethereum (ETH), one of the most valuable assets in the cryptocurrency market, has not enjoyed favorable sentiment due to its struggling price and unstable on-chain performance. The general market condition has not […]
Avalanche’s ($AVAX) market performance succumbs to bearish pressure, leaving its holders in panic. Elsewhere, Litecoin’s rising popularity on Bitpay is helping $LTC’s efforts to break above its current resistance. Meanwhile, Borroe.Finance ($ROE) seems to be […]
Crypto asset manager CoinShares has launched a new hedge fund division to court American investors. The business will cater to accredited investors and complement the company’s portfolio of exchange-traded products (ETPs). According to CoinShares’ Chief […]
Base’ has outpaced established networks like Solana proving its growing prominence in the DeFi landscape. Base’s remarkable rise is driven by projects like Aerodrome Finance and Friend.tech. Base has also enjoyed an impressive increase in […]
FTX, under the leadership of John J. Ray III, is suing its former employees and their companies for $157 million, alleging fraudulent withdrawals during the preferential period. FTX has been involved in bankruptcy proceedings for […]
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